Service Properties Trust Q1 2026: Debt Reduction, RevPAR Boost

Service Properties Trusts Q1 2026 earnings show significant progress in balance sheet repair, with $1.5 billion in capital markets deals reducing debt by $1.6 billion, saving $59 million annually in interest. Hotel revenue per available room surged 6.7% year over year, and their retained hotel portfolio shone with RevPAR up 7.5% and EBITDA climbing 2.1%. The company is actively selling underperforming hotels and has letters of intent for eight focused service hotels and six full-service ones. First quarter normalized funds from operations dipped slightly due to hotel sales and credit reserves, but interest expense dropped $5 million from debt payoff. Service Properties Trust is now poised for smoother cash flow and long-term gains, with a solid balance sheet and upgraded Moodys rating. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0790fa281d1d718b